There was a time when you paid a hefty price for someone else to invest your money. Now you pay pennies on the dollar.
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Jack Bogle defined value in more ways than oneThe Vanguard founder turned the once-heretical idea of indexing the broad stock market into the dominant form of investing. Instead of pursuing riches, he spread the low-cost ethos, saving investors untold billions and building a $5 trln juggernaut. Talk about wealth creation.
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Jim Cramer: Jack Bogle was despised in the business and he loved it'He hated the way business was done in this country. He hated Wall Street,' MadMoneyOnCNBC's Jim Cramer said of the late Jack Bogle. 'There were a lot of people that were his enemies and a lot of them are praising him today. And they are two-faced.'
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Vanguard founder Jack Bogle dies at 89; pioneered the index fundA towering figure in finance, he revolutionized American investment with his invention of the index fund.
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In his last major interview, Jack Bogle gave a warning about this bull marketJack Bogle, founder of index fund giant Vanguard Group, warned investors to prepare for 2019 by decreasing exposure to stocks and increasing investment in defensive strategies.
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Jack Bogle | ReinventionLessons from the 100 Greatest Business Minds
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